MANILA, July 2 (Reuters) - Philippine budget carrier Cebu Air Inc said on Tuesday it has signed a memorandum to buy up to 152 Airbus aircraft for $24 billion based on list prices, the largest aircraft order in the country's aviation history.

The memorandum covers firm orders for up to 102 A321neo aircraft, plus purchase rights for 50 A320neo, Cebu Air said in a statement. (Reporting by Neil Jerome Morales Editing by Ed Davies)